kenzieporter04
Answered

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The stadium has fixed expenses of $10,000 per event. Last month it put on three major events and spent $72,000, $47,500, and $65,000 in advertising for them respectively. According to the accountant, these events earned a total of $482,000 in revenue. What was the stadium's profit margin last month?

Sagot :

noname4217

Answer:

267,500

Step-by-step explanation:

10,000 × 3 = 30,000

30,000 + 72,000 + 47,500 + 65,000 = 214,500

482,000 - 214,500 =267,500

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